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What are the fees for trading cryptocurrencies on Polymarket?

avatarSpencer ApeadjeiNov 28, 2021 · 3 years ago3 answers

Can you provide details about the fees associated with trading cryptocurrencies on Polymarket? I would like to know the costs involved before I start trading.

What are the fees for trading cryptocurrencies on Polymarket?

3 answers

  • avatarNov 28, 2021 · 3 years ago
    When trading cryptocurrencies on Polymarket, there are fees involved. The fees vary depending on the type of transaction you make. For example, if you are buying or selling cryptocurrencies, there is a fee of 0.2% per transaction. This fee is deducted from the total amount of the transaction. Additionally, there may be network fees associated with transferring cryptocurrencies to and from your Polymarket account. It's important to review the fee structure on the Polymarket website for the most up-to-date information.
  • avatarNov 28, 2021 · 3 years ago
    Trading cryptocurrencies on Polymarket comes with fees, just like any other exchange. The fees are relatively competitive, with a 0.2% fee per transaction. This fee is deducted from the total value of your trade. It's worth noting that there may be additional network fees for transferring cryptocurrencies. Make sure to check the Polymarket website for the latest fee information before making any trades.
  • avatarNov 28, 2021 · 3 years ago
    When it comes to trading cryptocurrencies on Polymarket, the fees are quite reasonable. There is a 0.2% fee per transaction, which is deducted from the total value of your trade. It's important to note that there may be additional network fees for transferring cryptocurrencies. However, Polymarket provides a transparent fee structure, allowing you to easily calculate the costs involved in your trades. Make sure to review the fee details on the Polymarket website for accurate and up-to-date information.